Advertisement

Admar Group Profit $149,000 After 1992 Loss

Share via

Admar Group Inc., the Santa Ana managed health care services company, posted a profit of $149,000, or 2 cents a share, for its first fiscal quarter. That contrasted with a loss of $264,000, or 3 cents a share, for the comparable quarter in 1992. Revenue for the three months ended April 30 was up 73% to $4.5 million from $2.6 million. The company attributed the increase to the growth of several clients, the addition of new clients and the acquisition of four companies in 1992 and early 1993.

Advertisement